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Market Impact: 0.18

Cattle Rallying to Close out the Week

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsFutures & Options

Live cattle futures rose $0.60 to $1.72 at midday. Northern cash cattle traded at $348-$355 dressed and $222-$223 live, above the $220 bids seen in Friday's Fed Cattle Exchange auction, where none of the 1,696 head offered sold. The update indicates firmer near-term cattle pricing but limited broader market significance.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.12

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